Commonwealth Bank of Australia (OTCMKTS:CMWAY) Sees Significant Growth in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 4,200 shares, a growth of 35.5% from the January 31st total of 3,100 shares. Based on an average trading volume of 35,900 shares, the short-interest ratio is currently 0.1 days.

Commonwealth Bank of Australia Stock Down 2.3 %

CMWAY stock traded down $2.20 during midday trading on Friday, reaching $94.92. 26,570 shares of the company were exchanged, compared to its average volume of 21,270. The stock's 50-day simple moving average is $99.04 and its 200 day simple moving average is $97.49. Commonwealth Bank of Australia has a 1-year low of $71.30 and a 1-year high of $108.91. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.98.

Commonwealth Bank of Australia Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 7th. Investors of record on Monday, February 24th will be given a $1.4108 dividend. The ex-dividend date is Monday, February 24th.

About Commonwealth Bank of Australia

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.